CBO on Co-ops: "Unlikely to establish a significant market presence in many areas of the country"

[rhombus]

"Liberal Democrats fumed that Baucus had dropped the idea of a government-run insurance plan to compete with private insurance companies in favor of a national network of member-run cooperatives -- an alternative the CBO said seems "unlikely to establish a significant market presence in many areas of the country."

http://www.washingtonpost.com/wp-dyn/content/article/20...


So the Baucus bill fails to add much needed competition in the health insurance marketplace. This is why we need a strong public option. On a critical test of adding more competition, Baucus-Conrad 'compromise' fails spectacularly.